49
49
Mar 29, 2023
03/23
by
CSPAN2
tv
eye 49
favorite 0
quote 0
tell us what the independent community bankers of america is and who do you work with? >> it is a national trade association that represents all community banks across the country we work with our members, community bankers across the country representing communities of rural, suburban and metro areas. >> and what is a community bank? how do you define that? >> it is a local institution whose business model is based on relationship banking. essentially what a community bank does is take local deposits, turns that around in the form of loans to create essentially communities across the u.s. >> you have a lot of big banks and a lot of resources and economies of scale so why even guhave community banks? >> for community banks if it weren't for a community bank one in three counties in the united states would not have a local financial institution. community banks make over 60% of small business funds over a million insm the country and 80% of all agricultural loans so it's an infrastructure that's built the nation's economy. when we think about the role of small businesses
tell us what the independent community bankers of america is and who do you work with? >> it is a national trade association that represents all community banks across the country we work with our members, community bankers across the country representing communities of rural, suburban and metro areas. >> and what is a community bank? how do you define that? >> it is a local institution whose business model is based on relationship banking. essentially what a community bank...
31
31
Mar 2, 2023
03/23
by
BLOOMBERG
tv
eye 31
favorite 0
quote 0
plus, china warns head bankers clean the lifestyles. and toe the communist party line as the national people's congress kicks off again. dani: we have ab inbev earnings coming out onto the tape now, a higher dividend than estimated. they will be giving out a dividend for the full year of $.75. the estimate had been for 63. when it comes to a lookahead, the 2023 organic, the range is quite a wide range. 4% to 8%, the estimate have been for just over 7.5. the margin also beats, so that growth is going strong, folks are still drinking. they do have a miss when it comes to the fourth quarter organic revenue, that came in at 10%. the estimate was for 11.6. a little bit of mix, but that spicier dividend might get shareholders excited. manus: spicy dividend, we like that. the question is, which is your favorite brand? whether it is bud light or corona from the ab inbev. if you don't like beer, they have tequila for you. [laughter] let me give you a little bit of a b. pharmaceutical, german pharmaceutical company coming through with their numbe
plus, china warns head bankers clean the lifestyles. and toe the communist party line as the national people's congress kicks off again. dani: we have ab inbev earnings coming out onto the tape now, a higher dividend than estimated. they will be giving out a dividend for the full year of $.75. the estimate had been for 63. when it comes to a lookahead, the 2023 organic, the range is quite a wide range. 4% to 8%, the estimate have been for just over 7.5. the margin also beats, so that growth is...
25
25
Mar 30, 2023
03/23
by
BLOOMBERG
tv
eye 25
favorite 0
quote 0
are the city bankers --citi bankers calling up former employees and saying, you should come here? jane: there calling us. [laughter] david: ok. when you went to harvard business school you entered in 1992. jane: that's right. david: where there a lot of women in your class? jane: probably about 24%, 25%. enough of us to cause trouble. david: rowing up what did you say you wanted to be -- growing up what did you say wanted to be? jane: i wanted to be a doctor, but i was really lousy at biology. david: that happens a lot to people who want to go to medical school. you grew up in edinburgh area? jane: i did. david: were your parents bankers? jane: definitely not. my father was a scottish accountant, which meant you are not relying on parental generosity and extra pocket money, from a scottish accountant as a father. so, i used to earn my pocket money on the golf course, you would not know it from my golf game. david: i'm sure it is better than mine. you went to cambridge. after you graduated, what did you do? s after i graduated, i joined goldman as an analyst. david: that is an easy
are the city bankers --citi bankers calling up former employees and saying, you should come here? jane: there calling us. [laughter] david: ok. when you went to harvard business school you entered in 1992. jane: that's right. david: where there a lot of women in your class? jane: probably about 24%, 25%. enough of us to cause trouble. david: rowing up what did you say you wanted to be -- growing up what did you say wanted to be? jane: i wanted to be a doctor, but i was really lousy at biology....
32
32
Mar 15, 2023
03/23
by
BBCNEWS
tv
eye 32
favorite 0
quote 0
these bankers and ceos are _ many are wondering.hese bankers and ceos are supposed to _ many are wondering. these bankers and ceos are supposed to be - many are wondering. these bankers and ceos are supposed to be the . many are wondering. these bankers i and ceos are supposed to be the best and ceos are supposed to be the best and brightest of the world. how come they didn't see this coming down the line? if they didn't see this coming down the line? ., , , ., they didn't see this coming down the line? ., , ,., .. ., they didn't see this coming down the line? ., , ., ., line? if one person cannot control such a complex — line? if one person cannot control such a complex and _ line? if one person cannot control such a complex and very - line? if one person cannot control. such a complex and very complicated risk profile, often what you get is a culture and if that is not right and you make one or two bad calls in the get investigated in the news of scandal, it is very difficult to get good talent. you're only as good as your staffin
these bankers and ceos are _ many are wondering.hese bankers and ceos are supposed to _ many are wondering. these bankers and ceos are supposed to be - many are wondering. these bankers and ceos are supposed to be the . many are wondering. these bankers i and ceos are supposed to be the best and ceos are supposed to be the best and brightest of the world. how come they didn't see this coming down the line? if they didn't see this coming down the line? ., , , ., they didn't see this coming down...
54
54
Mar 28, 2023
03/23
by
BLOOMBERG
tv
eye 54
favorite 0
quote 0
, i'm not close to being a banker. i'm a dirt farmer. when they laid out what it happened over the last two years , you did not have to be an accountant to figure out what was going on. >> i agree. >> all i have to say is as you do your look back into what transpired, it better be fixed. if it's the regulators faulted better be fixed. if it's the regulation fault it better be fixed. if it's something else i hope there's a report to this committee saying this can happen again unless this happens. but it looks to me like -- i will looking out from the outside in. it looks like the regulars knew the problem but nobody drop the hammer. >> our review is going to be thorough, it's good to be open and if we find problems like the one you just described we will say it clearly and describe what we think should be done. >> when do you think it will be done? >> may 1. >> we should have them back after the report is done. >> thank you mr. chair. thank you for the three of you for being here. i want to talk about the inherent unfai
, i'm not close to being a banker. i'm a dirt farmer. when they laid out what it happened over the last two years , you did not have to be an accountant to figure out what was going on. >> i agree. >> all i have to say is as you do your look back into what transpired, it better be fixed. if it's the regulators faulted better be fixed. if it's the regulation fault it better be fixed. if it's something else i hope there's a report to this committee saying this can happen again unless...
36
36
Mar 15, 2023
03/23
by
BLOOMBERG
tv
eye 36
favorite 0
quote 0
hsbc cutting the pay base it offers to some bankers in the u.k. by 25%. that's ahead of a rule change that would allow higher bonuses. joining us is michael moore. thank you so much for joining us. it's incredible the amount of flows. are we expecting more numbers like this from the big four? michael: there was definitely a rush to safety and the big guys are seeming safe both because of their size but also the diversification of their deposit base. i think you will see that and i think there've been those concerns at the end of last year about banks, the big banks profitability and some of those deposits are going to have to pass those rate hikes to depositors. i wonder if it changes the calculus if they are seeing these big flows. jonathan: we are also -- francine: what does this look like? >> the stress test some of them don't have to participate every year so you could see more banks added to that. there were 34 seen last year's dodd-frank stress test. you could see that number rise. the liquidity coverage ratio is something that all the big banks hav
hsbc cutting the pay base it offers to some bankers in the u.k. by 25%. that's ahead of a rule change that would allow higher bonuses. joining us is michael moore. thank you so much for joining us. it's incredible the amount of flows. are we expecting more numbers like this from the big four? michael: there was definitely a rush to safety and the big guys are seeming safe both because of their size but also the diversification of their deposit base. i think you will see that and i think...
50
50
Mar 31, 2023
03/23
by
FBC
tv
eye 50
favorite 0
quote 0
, you became my banker and now fran is in her third year of college and you're her banker. it's so unbelievable because i'm just 20 years old. [laughing] your wyndham is waiting. ♪ when bucket lists need checking... points need redeeming... work trips need crushing... or anniversaries need... celebrating? no matter who you are, where you're going, or why. with 24 trusted brands by wyndham to choose from... your wyndham is waiting. get the lowest price at wyndhamhotels.com - representative! - sorry, i didn't get that. - oh buddy! you need a hug. you also need consumer cellular. get the exact same coverage as the nation's leading carriers and 100% us based customer support. starting at $20. consumer cellular. ♪ choosing miracle-ear was a great decision. like when i decided to host family movie nights. miracle-ear made it easy. i just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device calibrated to my unique hearing needs. now i enjoy every moment. the quiet ones and the loud ones. make a sound decision
, you became my banker and now fran is in her third year of college and you're her banker. it's so unbelievable because i'm just 20 years old. [laughing] your wyndham is waiting. ♪ when bucket lists need checking... points need redeeming... work trips need crushing... or anniversaries need... celebrating? no matter who you are, where you're going, or why. with 24 trusted brands by wyndham to choose from... your wyndham is waiting. get the lowest price at wyndhamhotels.com - representative! -...
28
28
Mar 18, 2023
03/23
by
CSPAN3
tv
eye 28
favorite 0
quote 0
he is a little known banker. i would say. he has opened his new bank in 1859, two years before the war. prior he had worked at a very prominent philadelphia bank, and he decides that he wants to present to chase a fellow ohioan, although they don't really know each other. he wants to present an alternative. he says, how about we try to sell these things to the people instead of just selling them to wealthy investors or to banks who then sell to some of their clients? why don't we actually try to go to the masses. now, cook does not invent this idea, right? this is something that has happened before, particularly in europe. the french did it quite effectively in the 1850s. so did the austrian. cook reads a lot, particularly on international reports when it comes to finance. and so he thinks there is a possibility to do this in the united states. all he really needs is for to give him the go ahead. cook is going to benefit from having his brother in washington. his brother named henry is, a newspaper editor back in ohio. he mov
he is a little known banker. i would say. he has opened his new bank in 1859, two years before the war. prior he had worked at a very prominent philadelphia bank, and he decides that he wants to present to chase a fellow ohioan, although they don't really know each other. he wants to present an alternative. he says, how about we try to sell these things to the people instead of just selling them to wealthy investors or to banks who then sell to some of their clients? why don't we actually try...
34
34
Mar 16, 2023
03/23
by
BBCNEWS
tv
eye 34
favorite 0
quote 0
helping bankers _ coming in to help bankers helping bankers is — coming in to help bankers helping bankersart but is sending the i’ili'it warms the heart but is sending the right signals now to the banks and markets — right signals now to the banks and markets. my brother worked for what it's wes _ markets. my brother worked for what it's wes over years and spent a lot of time today and yesterday talking to the _ of time today and yesterday talking to the vice — of time today and yesterday talking to the vice consul and what we are hearing _ to the vice consul and what we are hearing so — to the vice consul and what we are hearing so often is from folks like that who were looking at the specifically how we not discover this problem but how we use this to solve bigger problems. and this is where _ solve bigger problems. and this is where politics and policy are very difficult — where politics and policy are very difficult. we know that this shows that we _ difficult. we know that this shows that we have to lower interest rates but what _ that we have to lower interest rates but what does th
helping bankers _ coming in to help bankers helping bankers is — coming in to help bankers helping bankersart but is sending the i’ili'it warms the heart but is sending the right signals now to the banks and markets — right signals now to the banks and markets. my brother worked for what it's wes _ markets. my brother worked for what it's wes over years and spent a lot of time today and yesterday talking to the _ of time today and yesterday talking to the vice — of time today and...
30
30
Mar 26, 2023
03/23
by
FBC
tv
eye 30
favorite 0
quote 0
, you became my banker and now fran is in her third year of college and you're her banker.st 20 years old. [laughing] jack otter: your ira balance may be smaller than your go but it is a good time to invest for retirement. stocks are cheaper and bonds yield something. in the cover story, barron looks at the new retirement landscape. when you hear about strategies for investing in retirement, there's talk about how old you are, your risk tolerance. i don't like that question. here's what people don't understand. your portfolio should be different depending on what kind of job you have. ben: talk about 60-40, 60% stocks, and the bonds the going to that. if you are young you might want more stocks because you have more time. the older you are you have less. there's this concept your job makes you more like a stock or bond. if your police officer you have jobs very steady, likely not going to laid off, a steady stream of income, you can take more risk in your portfolio. some would say, it all depends on the stock market. you have to be a little more careful and safe because you
, you became my banker and now fran is in her third year of college and you're her banker.st 20 years old. [laughing] jack otter: your ira balance may be smaller than your go but it is a good time to invest for retirement. stocks are cheaper and bonds yield something. in the cover story, barron looks at the new retirement landscape. when you hear about strategies for investing in retirement, there's talk about how old you are, your risk tolerance. i don't like that question. here's what people...
47
47
Mar 29, 2023
03/23
by
FBC
tv
eye 47
favorite 0
quote 0
, you became my banker and now fran is in her third year of college and you're her banker.ble because i'm just 20 years old. [laughing] what if there was a community of like minded people ready to support you when you need it most? christian healthcare ministries is an organization with over 40 years of trusted care who understands the importance of family. a group that sees you for who you are regardless of your health history. offering affordable healthcare cost solutions that could save you up to 40% on your healthcare costs. learn more today at your chm dot org about healthcare that puts you in control. if lawn care were easy, everyone would do it... as well as trugreen does it. in just three easy steps, trugreen's online tools help customize a treatment plan for you. our science-driven expertise ensures your custom, nutrient-rich treatment works to deliver a greener, healthier lawn. and, it's all backed by the trugreen guarantee. our experts will make sure you're happy with your lawn - guaranteed. it's time to trust your experts at trugreen. go online to get 50% off yo
, you became my banker and now fran is in her third year of college and you're her banker.ble because i'm just 20 years old. [laughing] what if there was a community of like minded people ready to support you when you need it most? christian healthcare ministries is an organization with over 40 years of trusted care who understands the importance of family. a group that sees you for who you are regardless of your health history. offering affordable healthcare cost solutions that could save you...
73
73
Mar 28, 2023
03/23
by
CNBC
tv
eye 73
favorite 0
quote 0
do you see it that way, thate1 bankers own penny-pinching ways con4jg!osit flight that we saw. >> i think that's right, tyler. and one --r it as bankers made a choice to let deposits leaver those low interest rates. and maybe part of the problem, tyler, is bankersñr being a lite old-fashioned because the rule in banking is that you get divorced beforew3 you change yo bank. that may not be true these days especially with thexd technologs that exist to move money around, the abilitye1 to quicklye1 openk accounts online,xd and also the possibility right now ofw3 gettg higher interest rates through either treasuries or money markets or other means. i think the bankers got caught asleep at the wheel in the changing economy and of course i think as wet( heard this mornin if looks like the regulators did too. >> steve liesman, thank you very much. we appreciate it. let's get some more reaction to today's bank hearings from our panel. at the pete2/s;■ institute for international economics. and brian gardner isko■ chief stifel. welcome to both of you. nicholas, l
do you see it that way, thate1 bankers own penny-pinching ways con4jg!osit flight that we saw. >> i think that's right, tyler. and one --r it as bankers made a choice to let deposits leaver those low interest rates. and maybe part of the problem, tyler, is bankersñr being a lite old-fashioned because the rule in banking is that you get divorced beforew3 you change yo bank. that may not be true these days especially with thexd technologs that exist to move money around, the abilitye1 to...
67
67
Mar 29, 2023
03/23
by
BLOOMBERG
tv
eye 67
favorite 0
quote 0
khan already flew to asia to assure some of the bankers there.have this quote from d avide serra. the decision to ring sergio armada -- to bring sergio ermotti back is very positive. this is a good bank, considered a little bit boring because they gave back to shareholders with share buybacks prayed that will also be a challenge for sergio ermotti. tom: it seems the sense from shareholders is being shared because ubs is gaining 1.8% on the back of this news. let's bring in bloomberg's tom metcalf on more on this hearing. your take on sergio ermotti taking over, but also the respect from the two leaders saying they will work together and they are proud that ubs was in the position to be able to come to credit suisse's rescue. tom m.: yes, ralph hamers seeing everything you wanted to say, the world has changed, and ubs has effectively de-risked, more of a simple bank with credit suisse being absorbed. for ralph hammers, probably a sweet moment, but what he can look at as he was able to rescue credit suisse in ubs' package, and i am sure he has a go
khan already flew to asia to assure some of the bankers there.have this quote from d avide serra. the decision to ring sergio armada -- to bring sergio ermotti back is very positive. this is a good bank, considered a little bit boring because they gave back to shareholders with share buybacks prayed that will also be a challenge for sergio ermotti. tom: it seems the sense from shareholders is being shared because ubs is gaining 1.8% on the back of this news. let's bring in bloomberg's tom...
337
337
Mar 11, 2023
03/23
by
FOXNEWSW
tv
eye 337
favorite 0
quote 2
we know the guys at svb were not capable bankers. didn't seem to spend a lot of time banking or paying close attention because they had videos to make about dynamic pioneering glass ceiling shattering women. so, when interest rates were historic lows, svb bought more than $20 billion in long-term treasury bonds and to be fair, they were encouraged by the government to do this -- all banks were. the problem is as interest rates go up, as they were going to, because they can't stay at zero forever -- did you know that? when that happened, those bonds lost their value. and that, of course, was a disaster for a ton of banks but a true disaster for svb and a disaster for a lot of individuals who had their money there. and companies that had borrowed money from svb. so, you can expect a lot of bankruptcies in the coming weeks due to this. and then, the countless downstream effects from those bankruptcies, all of them bad. so, this is a disaster, not just for the tech industry, people who you could easily make fun of. but for everyone, for
we know the guys at svb were not capable bankers. didn't seem to spend a lot of time banking or paying close attention because they had videos to make about dynamic pioneering glass ceiling shattering women. so, when interest rates were historic lows, svb bought more than $20 billion in long-term treasury bonds and to be fair, they were encouraged by the government to do this -- all banks were. the problem is as interest rates go up, as they were going to, because they can't stay at zero...
81
81
Mar 17, 2023
03/23
by
CNBC
tv
eye 81
favorite 0
quote 0
let's figure out how to trade it there will be far fewer bankers on wall street at the end of this year. okay >> there's been far fewer bankers since the financial crisis, so -- >> that's right, but think about the acceleration that's going to happen we're having banks going under, banks that are using technology better when you think cloud services, sas products, a host of different things, they're going to go down in usage this year. we're also in a period where we just saw unemployment rate pick up off the 53-ier lows with the valuations where they are and names we just talked arc especially microsoft and apple trading mid 20s, they're just not that interesting right here, especially if we haven't iaseen the big hits. >> dan made the labor market point. that's key everybody saying where's the next shoe going to drop? it's strong, the consumer is strong maybe this is part of it you finally start to see the cracks not only from tech but bleeds into other areas. i think that's important relative to where we are in term os this economic cycle. >> after a volatile week of trading where do
let's figure out how to trade it there will be far fewer bankers on wall street at the end of this year. okay >> there's been far fewer bankers since the financial crisis, so -- >> that's right, but think about the acceleration that's going to happen we're having banks going under, banks that are using technology better when you think cloud services, sas products, a host of different things, they're going to go down in usage this year. we're also in a period where we just saw...
59
59
Mar 30, 2023
03/23
by
BLOOMBERG
tv
eye 59
favorite 0
quote 0
even though banks and bankers are taking a hit for their bonuses, banks are still trying to hire andhave to beef up their technology, compliance, risk and therefore to pay for that -- shery: a lot of these bankers have been told to return to the office. >> this is the time of year when you see the most frenetic activity in terms of bankers leaving. we can probably expect to see a lot of movement, hedge funds coming in and poaching a lot of the talent. i think bankers have already generally been back to work, back in the office for multiple days per week. in some cases businesses like trading 45 days a week. that kind of element of grind has been well established for a long time. given that bonuses have taken such a big hit, it is possibly the time where they reassess and see if there are better offers elsewhere. haidi: let's get a quick check of the latest business flash headlines. tesla is said to be looking to build a battery plant in the u.s.. we are told it wants to pursue a similar deal with ford and see atl. wells fargo has agreed to pay a most $98 million in fines over allegat
even though banks and bankers are taking a hit for their bonuses, banks are still trying to hire andhave to beef up their technology, compliance, risk and therefore to pay for that -- shery: a lot of these bankers have been told to return to the office. >> this is the time of year when you see the most frenetic activity in terms of bankers leaving. we can probably expect to see a lot of movement, hedge funds coming in and poaching a lot of the talent. i think bankers have already...
171
171
Mar 13, 2023
03/23
by
FOXNEWSW
tv
eye 171
favorite 0
quote 0
so, whatever bankers want, bankers get. that's the hills industry of america.at greg baker, the ceo of silicon valley right before his bank went under he sold $3.6 million in stock. on friday showered his employees on bonuses. way go, guys. keep up the good work. this stupid bank in california didn't see inflation coming. they are about as smart as the fed chair. when the fed chair finally raised rates the bank got crushed. why weren't they paying attention? silicon valley bank is awoke biden bank. they were holding seminars on lesbian visibility day n. and national pride month. if you want to hold a pride month that's fine you have got to be able to chew gum at the same time and walk. so, keep an eye on the balance sheet, guys. silicon valley bank made themselves too big to fail when they started pumping money into clean energy. the bank financed solar panels big time. this was biden's green new deal bank. so if this bank fails so does wind's green agenda. biden can't let awoke green bank blow up on his watch. he has an election to win. money to raise from the
so, whatever bankers want, bankers get. that's the hills industry of america.at greg baker, the ceo of silicon valley right before his bank went under he sold $3.6 million in stock. on friday showered his employees on bonuses. way go, guys. keep up the good work. this stupid bank in california didn't see inflation coming. they are about as smart as the fed chair. when the fed chair finally raised rates the bank got crushed. why weren't they paying attention? silicon valley bank is awoke biden...
5
5.0
Mar 14, 2023
03/23
by
RUSSIA24
tv
eye 5
favorite 0
quote 0
well, this is about enemy bankers, they say domestic bankers cannot survive, so the question is already. what to help us when we drive? no, so the moment what else do we have before victories still need to be worked on. so i'm talking about the same, but this china is going to help. well, this is not a matter of open negotiations, i can say right away, because as we see it, it continues. that's just the question of money, where does the money go? yes, we see the american next year. the american defense budget will already be 842 billion dollars for this year by 23. the americans will allocate 170 billion 170 billion to help e their ukrainian project. yes, the chinese also have a growing defense budget. we see how it is war in fact, it is such a prehistory. yes, already prehistory is for more serious e global changes. if china is trying, it is trying to change the situation in geo-economic terms. yes , it gradually knocks out the soil just from under the dollar, that is, the grandfather, that is, it contributes to the fact that the economies of the countries that provided the us with res
well, this is about enemy bankers, they say domestic bankers cannot survive, so the question is already. what to help us when we drive? no, so the moment what else do we have before victories still need to be worked on. so i'm talking about the same, but this china is going to help. well, this is not a matter of open negotiations, i can say right away, because as we see it, it continues. that's just the question of money, where does the money go? yes, we see the american next year. the american...
39
39
Mar 11, 2023
03/23
by
BBCNEWS
tv
eye 39
favorite 0
quote 0
liz lumley from the banker magazine, a real pleasure having you with us.s, this does seem to be a global issue. i'm wondering — are banks so awash with cash that they simply don't need to offer better rates? yeah, you basically got it in one, it's the end of the interview! that is the issue. i mean, there's so many people that put money into savings during covid that there's really no commercial reason for banks to offer. now, they don't need to attract new customers, they don't need to attract new money, because they have so much capital that they're holding that there's no commercial incentive for them to do that right at the moment. and, liz, we saw a windfall tax here in the uk on energy companies and there are now some voices calling for a windfall tax on the banks because of this situation. i mean, is that something banks are concerned about? banks move for two reasons — they are either making money or a regulator tells them to do something. so, there's a lot of people who are making comments that a tax, a windfall tax, which is only really being tal
liz lumley from the banker magazine, a real pleasure having you with us.s, this does seem to be a global issue. i'm wondering — are banks so awash with cash that they simply don't need to offer better rates? yeah, you basically got it in one, it's the end of the interview! that is the issue. i mean, there's so many people that put money into savings during covid that there's really no commercial reason for banks to offer. now, they don't need to attract new customers, they don't need to...
64
64
Mar 22, 2023
03/23
by
CNBC
tv
eye 64
favorite 0
quote 0
bankers are going to do what bankers do. you can't blame them.uch the same thing that she did as chair of the fed, always the path of least resistance, just knocking down the rules so we don't have any problems. i haven't heard kick the can in a long time. it was very popular '06 through '09. that's exactly what we do and i've getting tired of it. why guarantee the banks with some of these clients with big debts on our show, they should snow better, joe. >> rick santelli, sometimes we know things at 8:30. today -- >> 2:00. >> more on this critical fed decision, i want to bring in a visiting scholar the mit. good morning. eric, it's the question, we're all trying to figure out. what do you think the fed will do and what do you think the fed should do? >> i think it's a difficult decision for the fed, as many of your speakers have highlighted, inflation is too high. but on the other hand, there's a lot of uncertainty as a result of the financial turmoil that we have. arguing for actually raising interest rate is clearly if they want to get inflatio
bankers are going to do what bankers do. you can't blame them.uch the same thing that she did as chair of the fed, always the path of least resistance, just knocking down the rules so we don't have any problems. i haven't heard kick the can in a long time. it was very popular '06 through '09. that's exactly what we do and i've getting tired of it. why guarantee the banks with some of these clients with big debts on our show, they should snow better, joe. >> rick santelli, sometimes we...
54
54
Mar 31, 2023
03/23
by
FBC
tv
eye 54
favorite 0
quote 0
, you became my banker and now fran is in her third year of college and you're her banker. unbelievable because i'm just 20 years old. [laughing] if lawn care were easy, everyone would do it... as well as trugreen does it. in just three easy steps, trugreen's online tools help customize a treatment plan for you. our science-driven expertise ensures your custom, nutrient-rich treatment works to deliver a greener, healthier lawn. and, it's all backed by the trugreen guarantee. our experts will make sure you're happy with your lawn - guaranteed. it's time to trust your experts at trugreen. go online to get 50% off your first application. as a business owner, your bottom line go online to get 50% off is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network, with no line activation fees or term contracts... saving you up to 75% a year. and it's only available to comcast business internet customers. so bo
, you became my banker and now fran is in her third year of college and you're her banker. unbelievable because i'm just 20 years old. [laughing] if lawn care were easy, everyone would do it... as well as trugreen does it. in just three easy steps, trugreen's online tools help customize a treatment plan for you. our science-driven expertise ensures your custom, nutrient-rich treatment works to deliver a greener, healthier lawn. and, it's all backed by the trugreen guarantee. our experts will...
79
79
Mar 31, 2023
03/23
by
FBC
tv
eye 79
favorite 0
quote 0
, you became my banker and now fran is in her third year of college and you're her banker. it's so unbelievable because i'm just 20 years old. [laughing] (woman 1) i just switched to verizon business unlimited. it's just right for my little business. unlimited premium data. unlimited hotspot data. (woman 2) you know it's from the most reliable 5g network in america? (vo) when it comes to your business, not all bars are created equal. so switch to verizon business unlimited today. if lawn care were easy, everyone would do it... as well as trugreen does it. trugreen's online tools help ensure your custom treatment works to deliver a greener, healthier lawn - guaranteed. it's time to trust your experts at trugreen. go online today! ♪ choosing miracle-ear was a great decision. like when i decided to host family movie nights. miracle-ear made it easy. i just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device calibrated to my unique hearing needs. now i enjoy every moment. the quiet ones and the loud ones.
, you became my banker and now fran is in her third year of college and you're her banker. it's so unbelievable because i'm just 20 years old. [laughing] (woman 1) i just switched to verizon business unlimited. it's just right for my little business. unlimited premium data. unlimited hotspot data. (woman 2) you know it's from the most reliable 5g network in america? (vo) when it comes to your business, not all bars are created equal. so switch to verizon business unlimited today. if lawn care...
86
86
Mar 30, 2023
03/23
by
FBC
tv
eye 86
favorite 0
quote 0
. ♪ ♪ ♪ u became my banker and now fran is in her third year of college and you're her banker.so unbelievable because i'm just 20 years old. [laughing] what if there was a community of like minded people ready to support you when you need it most? christian healthcare ministries is an organization with over 40 years of trusted care who understands the importance of family. a group that sees you for who you are regardless of your health history. offering affordable healthcare cost solutions that could save you up to 40% on your healthcare costs. learn more today at your chm dot org about healthcare that puts you in control. >> i do have great concern talking 18 months from now republicans need to have a plan request regard to inflation with regard to spending, and the economy, and i hope that we take the next 18 months learn from midterms in november come up with a strategy to message and policy that is winning for the american people. maria: that was mansy mace with me earlier souning alarm on gop strategy ahead of 2024 election, new fox news poll has former president trump pic
. ♪ ♪ ♪ u became my banker and now fran is in her third year of college and you're her banker.so unbelievable because i'm just 20 years old. [laughing] what if there was a community of like minded people ready to support you when you need it most? christian healthcare ministries is an organization with over 40 years of trusted care who understands the importance of family. a group that sees you for who you are regardless of your health history. offering affordable healthcare cost...
39
39
Mar 28, 2023
03/23
by
CSPAN
tv
eye 39
favorite 0
quote 0
tell us what the independent community bankers of america is and who you work with.st: it is a national trade association that represents all community banks across the country and we work with our members and bankers across the country and communities of rural, suburban, and metro areas. host: what is a community bank? how do you define it? guest: community bank is a local institution whose business model is based on relationship banking. essentially what a community bank does is take local deposits , turns it around in the form of loans to create essentially economic development in communities across the u.s.. host: why are they important? you've got a lot of big banks, got a lot of resources and economies of scale so why even have community banks? guest: for community banks, it is one in three counties in the united states would not have the local financial institutions. community banks make up 60 print s -- 60% of small business loans and 80% of all agricultural loans. what you're looking at is an infrastructure that built the economy. when we think about the rol
tell us what the independent community bankers of america is and who you work with.st: it is a national trade association that represents all community banks across the country and we work with our members and bankers across the country and communities of rural, suburban, and metro areas. host: what is a community bank? how do you define it? guest: community bank is a local institution whose business model is based on relationship banking. essentially what a community bank does is take local...
37
37
Mar 2, 2023
03/23
by
BLOOMBERG
tv
eye 37
favorite 0
quote 0
a chinese banker has been detained since february. journal says they are being held in relation to a corruption investigation. the report says it's unclear if he will be formally arrested and charged. china resin sounds said he wasn't -- cooperating in an investigation. the great prime minister says human error caused the country's worst train crash in decades. the government is investigating the head-on collision between a passenger and cargo train which killed 38 people and left dozens injured. the greek transport minister has resigned. the stationmaster has been arrested. global news powered by more than 2700 journalists and analysts in more than 120 countries. haidi: still ahead, salesforce shares jumping in late trade on an earnings beat and strong outlook. the chairman and ceo speaks to bloomberg's emily chang next to explain why they are planning to step up buybacks. this is bloomberg. ♪ go. go brain. no, not that one. go this one. go optimizing data. go efficiency. go results. emerson's plantweb digital ecosystem is the brain
a chinese banker has been detained since february. journal says they are being held in relation to a corruption investigation. the report says it's unclear if he will be formally arrested and charged. china resin sounds said he wasn't -- cooperating in an investigation. the great prime minister says human error caused the country's worst train crash in decades. the government is investigating the head-on collision between a passenger and cargo train which killed 38 people and left dozens...
27
27
Mar 2, 2023
03/23
by
BLOOMBERG
tv
eye 27
favorite 0
quote 0
china warns bankers to clean up their acts. watch out.significant ramifications for the financial sector across china. the national people's congress kicking off sunday. the markets lower zero point 5% across european equities. the bond selloff continues. two sectors in the green. energy gaining 0.2%. technology, a drop of 1.5%. the ten-year breaking through 4%. we look to the inflation print out of the euro zone at 10:00 a.m. u.k. time. expectations of a .3% year on year, a surprise increase in deflation out of germany yesterday. the challenges for the ecb, and christine lagarde sang the fight against inflation is far from over. francine: elon musk's plan for tesla has fallen short for investors. let's get more with our bloomberg auto editor. it lasted for hours. it was a lengthy presentation about the kind of infrastructure they will build. they did not talk about the cars. >> almost four hours long, it was a late night for me. there was a little detail about what is to come. we will get into what they had to say about the next drive un
china warns bankers to clean up their acts. watch out.significant ramifications for the financial sector across china. the national people's congress kicking off sunday. the markets lower zero point 5% across european equities. the bond selloff continues. two sectors in the green. energy gaining 0.2%. technology, a drop of 1.5%. the ten-year breaking through 4%. we look to the inflation print out of the euro zone at 10:00 a.m. u.k. time. expectations of a .3% year on year, a surprise increase...
16
16
tv
eye 16
favorite 0
quote 0
so all those federal reserve bankers were not really allowed to talk to the media for instance. so they could not really comment em on what's going on in the banking system here in the united states. so that makes service a meeting next week, and especially the press conference on wednesday, especially if the federal reserve would not increase interest rate. so at all that could somehow a point that the federal reserve is super concerned. so that's what they don't want and an increase of more than $25.00 point. so probably would also not be too smart, or was all of the after the trouble that we're having in the financial system at the moment. so important decisions ahead next week. thank you so much and kata. now swimmers have been faced with a tricky choice during the energy crisis toughen up and embraced the cold or pay more for your work out in a heated pool, but not for the swimmers. exmouth leisure center in the u. k. they're doing lots in the heated pool and won't see any price hikes. that's because excess heat from a nearby data center is raising the water temperature. or
so all those federal reserve bankers were not really allowed to talk to the media for instance. so they could not really comment em on what's going on in the banking system here in the united states. so that makes service a meeting next week, and especially the press conference on wednesday, especially if the federal reserve would not increase interest rate. so at all that could somehow a point that the federal reserve is super concerned. so that's what they don't want and an increase of more...
43
43
Mar 29, 2023
03/23
by
CSPAN
tv
eye 43
favorite 0
quote 0
and like bankers across the country, strong and vibrant. you should be very proud. >> thank you, we are. >> we are looking at the range of tailoring approaches that the federal reserve took. the decision to set those lines by asset size and other risk factors was made back in 2019. i joined the board back in july of 2022 and began looking at that approach. i expect to continue to review it as part of the svb review, and i believe that we have substantial discretion to alter that framework. >> excellent. so you've talked about your view, which is ongoing. and that review, will you take a look at if you used all of the tools in your tool box to prevent this, both before and after. will that be part of your review? >> yes senator. the staff are reviewing the steps that supervisors took, and whether they should've taken more aggressive action. >> so i current, though you cannot speak to whether or not you utilized all of the powers that were given to you? >> i really would like to wait for the formal review for the staff to come evaluate the fu
and like bankers across the country, strong and vibrant. you should be very proud. >> thank you, we are. >> we are looking at the range of tailoring approaches that the federal reserve took. the decision to set those lines by asset size and other risk factors was made back in 2019. i joined the board back in july of 2022 and began looking at that approach. i expect to continue to review it as part of the svb review, and i believe that we have substantial discretion to alter that...
109
109
Mar 29, 2023
03/23
by
CNBC
tv
eye 109
favorite 0
quote 0
, you became my banker and now fran is in her third year of college and you're her banker.vable because i'm just 20 years old. [laughing] and this is ready to go online! any questions? it's so unbelievable becauseyeah, i got one:rs old. how about the best network imaginable? let's invent that! that's what we do here. quick survey. who wants their internet to work pretty much everywhere? and it needs to run smooth, like, super, super, super, super smooth. hey, should you be drinking that? it's decaf. 'cause we're busy women... we don't have time for lag or buffering, right? who doesn't want internet that helps ai do your homework even faster? come again? -sorry, what was that? uhhhhh... the next generation 10g network. only from xfinity. the future starts now. >>> starbucks founder howard schultz will be in the hot seat today answering questions from the senate health answering questions from the senate committee about how the union tried to halt campaigns. and senator cassidy, it's good to have you on you're from the right side of the aisle obviously. how do you view of cur
, you became my banker and now fran is in her third year of college and you're her banker.vable because i'm just 20 years old. [laughing] and this is ready to go online! any questions? it's so unbelievable becauseyeah, i got one:rs old. how about the best network imaginable? let's invent that! that's what we do here. quick survey. who wants their internet to work pretty much everywhere? and it needs to run smooth, like, super, super, super, super smooth. hey, should you be drinking that? it's...
13
13
tv
eye 13
favorite 0
quote 0
the a beat assessment comes from us treasury secretary, janet yellen speaking at bankers association, meeting on tuesday, saying the steps taken to protect deposits, had shown us banking system as safe and had strength and public confidence. she also said, authorities were ready to take similar actions to protect small institutions if they suffered, runs on deposits. and james sweeney is in new york with more on this. james allen's comments appear to be helping to lift a banking stocks in tuesday, trading with 1st republic leading the pack that's. that's correct. janet yellen has pretty much come into the rescue today. her comments alone led the way for more than 50 percent in today's search. today for 1st republic, a much needed bounce back for that company. and for those wondering what you said, well, you know, i'm pretty much pledged or support to the u. s. banks in a bid for ease the financial for the fears of financial contagion. you'll him toll members of the a, be a that's the american bankers association, that the federal government is ready to step in to help out other troubl
the a beat assessment comes from us treasury secretary, janet yellen speaking at bankers association, meeting on tuesday, saying the steps taken to protect deposits, had shown us banking system as safe and had strength and public confidence. she also said, authorities were ready to take similar actions to protect small institutions if they suffered, runs on deposits. and james sweeney is in new york with more on this. james allen's comments appear to be helping to lift a banking stocks in...
10
10.0
tv
eye 10
favorite 0
quote 0
and it may be a good idea for regulators and central bankers to try to get ahead of that problem . swiss financial authorities have the support of their peers. the u. s. federal reserve, the e. c. b, and other major central banks have released statements welcoming the rescue of credit suisse. carson union as chief economists at j software servicing that the private swiss bank carson welcome to the show. we've seen already that markets are having a little indigestion with this deal. when we look at the global banking system will still do more good than harm. so it's always the question for the i kind of just would have been. so nationalization is probably not bankruptcy, it wouldn't be better. it's in the end probably did the least that solution that we could get to in this situation as surprising as it was for all of us. that question now is what we do with such a big bank with a not too large country and to hold. this is impacting financing conditions for other banks. that is one thing. a lot of shareholders have been, are facing a lot of losses. a lot of bond owners are facing losses.
and it may be a good idea for regulators and central bankers to try to get ahead of that problem . swiss financial authorities have the support of their peers. the u. s. federal reserve, the e. c. b, and other major central banks have released statements welcoming the rescue of credit suisse. carson union as chief economists at j software servicing that the private swiss bank carson welcome to the show. we've seen already that markets are having a little indigestion with this deal. when we look...
30
30
Mar 25, 2023
03/23
by
FBC
tv
eye 30
favorite 0
quote 0
, you became my banker and now fran is in her third year of college and you're her banker.s so unbelievable because i'm just 20 years old. [laughing] >> the problem that we have with our banks you can thank jay powell because they did not do their job. >> to think the united states is headed for a recession. >> i think that's where jerome powell is trying to drive it that's a danger to our economy and that's why said five years ago i think it's a dangerous man to have in this job. >> i think the federal reserve should resign right now. gerry: acosta regime change from both sides of the aisle as the fed raised interest rates again despite concerns of work banking turmoil ahead and of course the possibility of recession. treasury secretary janet yellen was sending confusing signals on whether all bank deposits are safe or whether those of the treated $50000 the current fcic guaranteed limit. how alarmed should we be the economic policymakers are clueless. let's talk about it with our panel lauren let me come to you first. it's pretty disturbing our key leadership here do seem
, you became my banker and now fran is in her third year of college and you're her banker.s so unbelievable because i'm just 20 years old. [laughing] >> the problem that we have with our banks you can thank jay powell because they did not do their job. >> to think the united states is headed for a recession. >> i think that's where jerome powell is trying to drive it that's a danger to our economy and that's why said five years ago i think it's a dangerous man to have in this...
18
18
tv
eye 18
favorite 0
quote 0
you'll him told members of the a, b, a that's the american bankers association. that the federal government is ready to step in to help out other trouble lenders after the collapse of silicon valley bank and signature bank. saying that the steps we took, we're not focused on eating specific banks and that our intervention was necessary to protect the broader us banking system. and more importantly, she said that similar actions could be warranted if smaller institutions suffer. deposit runs that post the risk of contagion. so if you're wondering what does this mean? treasury secretary, you're pretty much taking a val today to come to the rescue of troubled regional banks and regional lenders and the response positive as expected the. busy belgians closing up nearly one percent 1st republic soaring just under 30 percent, that a key core us bank or jumping more than 8 percent packed was of nearly 18 percent of a big change from yesterday. well, let's fix this for right now, but there also early suggestions on there are like new possible permanent safeguards with th
you'll him told members of the a, b, a that's the american bankers association. that the federal government is ready to step in to help out other trouble lenders after the collapse of silicon valley bank and signature bank. saying that the steps we took, we're not focused on eating specific banks and that our intervention was necessary to protect the broader us banking system. and more importantly, she said that similar actions could be warranted if smaller institutions suffer. deposit runs...